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Kim Humborstad steps down from Zwipe board of directors

Kim Humborstad steps down from Zwipe board of directors

Zwipe founder and deputy chairman of the board of directors, Kim Humborstad, has resigned from the board.

The Norwegian biometrics technology firm was founded by Humborstad in 2009. He served as the company’s CEO until March 2018 when he moved to a new role as Zwipe’s chief growth officer. He was elected to the board of directors in May 2018 and served as deputy chairman until December 21, 2019.

“I’ve had an amazing journey with Zwipe for the past decade, however it is time for me to step down to focus on new opportunities,” says Humborstad. “I wish everyone in the company success and will forever be a great supporter of Zwipe.”

“On behalf of Zwipe, I would like to thank Kim for his valuable contributions over the years and wish him all the best for the future,” adds Jörgen Lantto, chairman of the board.

Last month, Zwipe applied to be considered for Nasdaq First North Growth Market Listing. The company previously said it would consider a new listing to capitalize on opportunities from the commercialization of biometric smart cards.

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